国浩律师（北京）事务所 关于 华设设计集团股份有限公司 2024 年年度股东大会 北京 ·上海 · 深圳 · 杭州 · 广州 · 昆明 · 天津 · 成都 · 福州 · 宁波 · 西安 · 南京 · 南宁 · 济南 · 重庆 苏州 · 长沙 · 太原 · 武汉 · 贵阳 · 乌鲁木齐 · 郑州 · 石家庄 · 合肥 · 海南 · 南昌 · 青岛 · 香港 · 巴黎 · 马德里 · 硅谷 · 斯德哥尔摩 ·纽约 北京市朝阳区东三环北路 38 号泰康金融大厦 9 层 邮编：100026 9/F, Taikang Financial Tower, 38 North Road East Third Ring, Chaoyang District, Beijing 100026, China 电话/Tel: (+86)(10) 6589 0699 传真/Fax: (+86)(10) 6517 6800 网址/Website: www.grandall.com.cn 2025 年 5 月 国浩律师（北京）事务所 法律意见书 国浩律师（北京）事务所 关于华设设计集团股份有限公司 2024 年年度股东大会之法律意见书 之 法 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [4]. Core Views - The company's traditional business is under pressure, leading to short-term performance challenges, with a reported revenue of 4.428 billion yuan in 2024, down 17.28% year-on-year, and a net profit of 383 million yuan, down 45.17% year-on-year [1]. - Despite the challenges in traditional sectors, the company is successfully transitioning towards digitalization and low-altitude economy, with new business revenues reaching 1.38 billion yuan, accounting for 31.10% of total revenue, up from 25.56% in 2023 [2]. - The company has seen significant growth in its low-altitude economy segment, with orders increasing by 96% in 2024, supported by the establishment of a dedicated low-altitude technology company and the development of proprietary software [2]. Financial Performance Summary - In 2024, the company reported a revenue of 4.428 billion yuan, a decrease of 17.28% year-on-year, and a net profit of 383 million yuan, down 45.17% year-on-year [1]. - The gross profit margin for 2024 was 37.22%, a decline of 1.78 percentage points compared to the previous year [1]. - The company’s financial forecast estimates revenues of 4.499 billion yuan, 4.671 billion yuan, and 4.903 billion yuan for 2025, 2026, and 2027 respectively, with net profits projected at 448 million yuan, 497 million yuan, and 538 million yuan for the same years [4].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [4]. Core Views - The company's traditional business is under pressure, leading to short-term performance challenges, with a significant decline in revenue and net profit in 2024 [1][3]. - However, the company is successfully transitioning towards digitalization and low-altitude economy sectors, which are showing promising growth [2]. Summary by Sections Financial Performance - In 2024, the company achieved revenue of 4.428 billion yuan, a year-on-year decrease of 17.28%. The net profit attributable to shareholders was 383 million yuan, down 45.17% year-on-year [1]. - For Q1 2025, revenue was 675 million yuan, a decline of 14.55% year-on-year, with a net profit of 58 million yuan, down 37.68% [1]. - The gross profit margin for 2024 was 37.22%, a decrease of 1.78 percentage points compared to the previous year [1]. Business Transformation - The company is advancing its digital strategy, with new business segments such as digital intelligence and green low-carbon initiatives generating 1.38 billion yuan in revenue, increasing their share of total revenue from 25.56% in 2023 to 31.10% in 2024 [2]. - The low-altitude economy segment has seen a remarkable order growth of 96% in 2024, with over 20 product lines developed and projects undertaken in more than 40 cities across the country [2]. Cost Management - The company's expense ratio was 19.26%, an increase of 0.90 percentage points year-on-year, with specific increases in sales and management expenses [3]. - Impairment losses significantly impacted profits, amounting to 320 million yuan, which accounted for 7.32% of total revenue, an increase of 1.87 percentage points year-on-year [3]. Future Outlook - The company is expected to benefit from the growth in the low-altitude economy, with projected revenues of 4.499 billion yuan, 4.671 billion yuan, and 4.903 billion yuan for 2025, 2026, and 2027 respectively [4]. - The net profit attributable to shareholders is forecasted to be 448 million yuan, 497 million yuan, and 538 million yuan for the same years, with corresponding EPS of 0.65 yuan, 0.73 yuan, and 0.79 yuan [4].

Summary of Key Points Core Viewpoint - The company is experiencing a decline in profitability due to macroeconomic conditions and industry downturns, but it is focusing on transformation and new growth areas to enhance its competitive position in the market [1][2][3]. Group 1: Financial Performance - In 2024, the company achieved a net profit of 383 million yuan, a decrease compared to 2023, and for Q1 2025, the net profit was 57.895 million yuan, also down year-on-year [1][2]. - The company's cash flow from investment activities was negative due to increased purchases of financial products, while cash flow from financing activities was negative due to dividend payments [4]. Group 2: Growth Opportunities - The company is committed to a strategic transformation focusing on "digitalization, industrialization, platformization, and internationalization," aiming to develop new business areas such as low-altitude economy and infrastructure digitalization [2][3]. - In 2024, revenue from new business segments reached 1.38 billion yuan, accounting for over 31% of total revenue, with the low-altitude economy segment seeing a 96% increase in order volume [2]. Group 3: Industry Outlook - The traditional infrastructure construction era is facing challenges, but new fields driven by digital, AI, and low-carbon technologies present significant market opportunities for growth [3]. - The overall industry is in a downturn due to reduced macro infrastructure investment, but there are still emerging growth points in areas like low-altitude economy and digital transformation [3].

| 证券代码：603018 | 证券简称：华设集团 | 公告编号：2025-032 | | --- | --- | --- | | 转债代码：113674 | 转债简称：华设转债 | | 华设设计集团股份有限公司 关于2024年度暨2025年第一季度业绩说明会情况的公告 公司本期盈利水平如何？ 答：感谢您的提问，受宏观环境及行业下行影响，2024年公司完成归属于 上市公司股东的净利润3.83亿元，2025年第一季度完成归属于上市公司股东的 净利润5789.5万元，分别同比2023年及2024年一季度均有所下降。具体详细数 据可见公司已披露的相关定期报告。 问题二： 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 华设设计集团股份有限公司（以下简称"公司"）于2025年5月12日（星期 一 ） 14:00-15:00 在 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/）以网络互动方式召开投资者说明会，现将活动情况 公告如下： 一、本次说明会召开情况 ...

重要内容提示： ●被担保方：泰州高港华设港城环境治理有限责任公司（以下简称"高港环 境"）。 ●华设设计集团股份有限公司（以下简称"公司"）2025 年度计划为高港环 境提供综合授信担保，担保总额度不超过人民币 14,000 万元，具体担保金额、 担保期限、担保方式等担保协议的具体内容以实际签署的担保合同为准。截至 本公告披露日，公司累计对外担保余额为 0 元。 证券代码：603018 证券简称：华设集团 公告编号：2025-031 转债代码：113674 转债简称：华设转债 华设设计集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 ●本次担保无反担保，公司无逾期对外担保情形。 ●本事项尚需提交股东大会进行审议。 为满足高港环境业务发展需要，确保其经营性资金需求，同时为加强公司 对外担保的日常管理，增强公司对外担保行为的计划性与合理性，公司计划为 高港环境向银行申请的综合授信业务提供担保，总额度预计不超过人民币 际签署的担保合同为准。并提请股东大会授权公司董事会并由董事会转授权总 裁签署上述担保总额度内的相关 ...

Group 1 - The company announced an increase in temporary proposals for the 2024 annual general meeting, which was originally notified on April 10, 2025 [1][2] - Shareholders holding a combined 1.4% of the company's shares proposed to submit a motion regarding the expected authorization for external comprehensive credit guarantees for the year 2025 [2][3] - The temporary proposal has been approved by the company's board and supervisory board meetings held on May 9, 2025 [2][6] Group 2 - The annual general meeting is scheduled for May 20, 2025, at 10:00 AM, located at the company's meeting hall in Nanjing [1][3] - The network voting system will be available on the Shanghai Stock Exchange, with voting times set for the day of the meeting [3][4] - The original shareholding registration date for the meeting remains unchanged [3][5]

Core Points - The company reported a significant decline in revenue and net profit for the year 2024, with revenue decreasing by 17.28% to approximately 4.43 billion yuan and net profit dropping by 45.05% to approximately 392 million yuan [1][24][25] - The company failed to meet its budget targets for both revenue and net profit, with actual revenue falling short by 13.93 percentage points and net profit by 42.03 percentage points compared to the budgeted figures [1][25] - The company aims to achieve a revenue of at least 4.68 billion yuan and a net profit of at least 400 million yuan in 2025, indicating a focus on recovery and growth [26] Financial Performance - The company's operating income for 2024 was approximately 4.43 billion yuan, down from approximately 5.35 billion yuan in 2023, marking a 17.28% decrease [24] - The net profit for 2024 was approximately 392 million yuan, a decrease of 45.05% compared to the previous year [24] - The cash flow from operating activities was approximately 307 million yuan, which is a 38.60% decline from the previous year [24] Budget Execution - The budgeted revenue for 2024 was set at 5.145 billion yuan, but the actual revenue fell short by 13.93 percentage points [1][25] - The target for net profit was set at no less than 660 million yuan, but the actual net profit was 392 million yuan, resulting in a shortfall of 42.03 percentage points [1][25] - The target for cash flow from operating activities was set at no less than 400 million yuan, but the actual cash flow was 307 million yuan, missing the target by 23.34 percentage points [2][25] Board Responsibilities - The board held multiple meetings throughout the year to discuss various proposals, including employee stock ownership plans and financial reports [2][3][4] - The board approved significant actions such as the establishment of a technology fund and the management of cash flow from idle funds [2][3][4] - The board emphasized the importance of compliance and strategic planning to navigate the challenging market environment [9][10] Strategic Direction - The company is focusing on high-quality transformation and aims to become a comprehensive technology integrator, moving beyond traditional engineering design [10][26] - The strategic plan includes enhancing operational efficiency and expanding into new markets, particularly in Southeast Asia and Central Asia [12][26] - The company is also investing in digital transformation and innovation to improve its service offerings and operational capabilities [10][12]

本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 | 证券代码：603018 | 证券简称：华设集团 | 公告编号：2025-031 | | --- | --- | --- | | | 转债简称：华设转债 | | | 转债代码：113674 | | | 华设设计集团股份有限公司 关于2025年度对外综合授信担保预计授权的公告 重要内容提示： ●被担保方：泰州高港华设港城环境治理有限责任公司（以下简称"高港环 境"）。 ●华设设计集团股份有限公司（以下简称"公司"）2025 年度计划为高港环 境提供综合授信担保，担保总额度不超过人民币 14,000 万元，具体担保金额、 担保期限、担保方式等担保协议的具体内容以实际签署的担保合同为准。截至 本公告披露日，公司累计对外担保余额为 0 元。 ●本次担保无反担保，公司无逾期对外担保情形。 ●本事项尚需提交股东大会进行审议。 一、担保情况概述 （一）担保基本情况 为满足高港环境业务发展需要，确保其经营性资金需求，同时为加强公司 对外担保的日常管理，增强公司对外担保行为的计划性与合理性，公 ...

| 证券代码：603018 | 证券简称：华设集团 | 公告编号：2025-028 | | --- | --- | --- | | 转债代码：113674 | 转债简称：华设转债 | | 一、 股东大会有关情况 1. 股东大会的类型和届次： 2024年年度股东大会 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 603018 | 华设集团 | 2025/5/13 | 2. 提案程序说明 华设设计集团股份有限公司 关于2024年年度股东大会增加临时提案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 二、 增加临时提案的情况说明 1. 提案人：凌九忠先生、侯力纲先生、张健康先生、曹亚丽女士 公司已于2025 年 4 月 10 日公告了股东大会召开通知，单独或者合计持有1% 股份的股东凌九忠先生、侯力纲先生、张健康先生、曹亚丽女士，在2025 年 5 月 9 日提出临时提案并书面提交股东大会召集人。股东大会召集人按照《上市公 司股东大会规则》有关 ...